Grains aim toward a firmer start after finishing last week on stronger footing. Traders once again await guidance from the action in equities and the sharp-moving metals. In the Headlines Several market-moving headlines were produced by the World Economic Forum held in Davos, Switzerland last week, including from President Trump’s speech when he stated that the U.S. would not use force to take Greenland. A subsequent sidelines meeting with NATO leaders led to Trump withdrawing the threat of new tariffs against European countries for what was claimed to be an agreement to discuss a ‘framework’ for a deal to purchase Greenland. Also surrounding President Trump’s visit was coverage of the signing ceremony for his Board of Peace that will be tasked with implementing reconstruction and political transition in Gaza. The meetup in Davos was also notable for its widespread theme of artificial intelligence as the core driver of global economic growth. This week features the next meeting of the Federal Reserve Bank, with a decision on interest rates scheduled for Wednesday at 1 pm central with a press conference from Chair Jerome Powell 30 minutes later. The last two weeks have seen odds stick at around 95 percent for there…
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